Capitalism Defined

Capitalism is the application of reason to the problem of scarcity.Robert J. Seyko

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4 thoughts on “Capitalism Defined

  1. Pingback: Capitalism Defined | THE ARTFUL DILETTANTE

    • Yes.  As far as I know, it’s original.  I did my research and cannot find it anywhere—not Ayn Rand, not Milton Friedman, not Ludwig von Mises.  I think it’s best definition of capitalism ever articulated.  But that’s just my opinion.

      Thank you for responding.   Bob

      “Government, like dress, is the badge of lost innocence.  The palaces of kings are built on the ruins of paradise.”–Thomas Paine

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    • Yes, I wanted replies. And I don’t understand your sarcasm. As far as I know, and I researched it thoroughly, it’s an original quote. Not Ayn Rand, not von Mises. I think it’s the very best and most accurate definition of capitalism ever. So, yeah, it would’ve cool if someone would have responded, “Man, that fucking rocks.”

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